Jacobs Engineering
Contract wins from Saudi
California-based firm is one of the largest technical services companies in the world, boasting 160 offices in more than 20 countries.
Overall 2010 proved a tougher year for Jacobs, as revenue fell 13.2% to $9.9 billion and net income fell 38.7% to $245Â million (from $11.4 billion and $400 million respectively in 2009).
However, the company did rack up significant new orders in the region in 2010. Saudi Aramco charged Jacobs with the development of a basic engineering package for four sulfur recovery units at the Wait Gas development project, each with an expected production capacity of 1 200 tonnes per day.
Wasit will see production and processing of up to 2.5 billion standard cubic feet per day of sour gas from the Aribiyah and Hasbah offshore fields.
Jacobs started 2011 with a FEED contract from Saudi Luberef, the only producer of lubricating oils in Saudi Arabia, for the US$1 billion expansion of Luburef’s Yanbu refinery.
The refinery aims to be the only one in the region producing type-III automotive base oil.
